Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    0 Wakefield Commons Dr, Raleigh, NC 27614

    237,402 SF 5.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    Wakefield Commons presents a unique retail development opportunity in Raleigh, North Carolina. This exceptional property, located in Wake County (zip code 27614), offers a total of 237,402 square feet of vacant space across multiple pads within an established open-air center. The site encompasses 5.45 acres of land, with individual pad sizes ranging from 1.43 to 2.52 acres. This allows for flexibility in development plans, catering to a variety of retail concepts. The property is currently entirely vacant, providing a blank canvas for a new development. Individual spaces range from a minimum of 62,291 square feet to a maximum contiguous space of 109,771 square feet, offering significant scale for larger retailers or the potential for multiple smaller tenants. The property's location in a thriving Raleigh neighborhood makes it an attractive investment for businesses seeking high visibility and accessibility. This is a prime opportunity to establish a significant retail presence in a desirable market. The property is classified as both Retail and Land, offering a versatile development opportunity. The address is Wakefield Commons, Raleigh, NC.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 237,402 SF
    Lot 5.45 ac (237,402 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Wakefield Commons Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message